Hedge Funds

FrontPoint CFO departs for Perella Weinberg


FrontPoint Partners has lost its chief financial officer to Perella Weinberg Partners, the high-profile corporate advisory and money-management firm launched this week by star deal maker Joseph Perella.

Julio Garcia's last day at FrontPoint was in early June, and his duties there have been assumed by Jim Webb. Garcia joins Perella Weinberg as a partner serving as the firm's CFO.

Perella Weinberg has raised over $1 billion from three institutions and eight family offices. Those funds will both seed investments and establish the operating structure of the firm, which will have offices in New York and London. The